About your Search

20100902
20100902
Search Results 0 to 0 of about 1
at the university of virginia that i got to know very well, because we selected him as chief of staff of the joint committee on taxation said, "did the treasury department have the authority to do this? i think almost every tax expert would agree that the answer is no. they basically repealed a 22- year-old law that congress passed as a backdoor way of providing aid to banks." what happened once congress discovered what had been done by the irs? they immediately slammed the door on this provision, although i believe two other banking institutions got through before the door was closed. i guess what just amazes me is looking at this tieme period, late september, early october, there was a focus on the fdic making sure they were hauled freight and the federal reserve making sure they were home free -- the ends justifying the means was quite all right for wells fargo and for the assumption by wells fargo of wachovia, because it made it government-assistance free. but it wasn't. it cost the taxpayers to utilize this. i guess what is so amazing to me when you begin to examine the options open to you th
Search Results 0 to 0 of about 1